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Amazon Sees Sales Surge, but Profit Comes Up Short

Amazon expected to be the runaway winner of the holiday shopping season, instead it strolled but did not run. Revenue for the e-commerce giants during the fourth quarter was less than was expected,...

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UBS Surprises Analysts With 4Q Profit Results (NYSE:UBS)

Swiss bank UBS reported higher profits for the fourth quarter than analysts expected. The Zurich-based bank reported a 10 percent increase in net profit in the October-December quarter, rising to 949...

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GM Posts Record Earnings for 2015 of $9.7 Billion

On Wednesday, General Motors Co announced that it had earned a new record of $9.7 billion during 2015, including over $6.3 billion during the fourth quarter. The automaker based in Detroit posted a new...

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Fox Film Unit Disappoints Crimps Murdoch Company Earnings

Despite getting help from Lucious and Cookie, 21st Century Fox, part of the Rupert Murdoch empire, fell short of revenue for the first quarter. The broadcast network of Fox delivered a strong...

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Walmart Income for Fourth Quarter Down On Lower Sales

On Thursday, Walmart said its earnings for the fourth quarter were down by 7.9% because of higher operating expenses and lower sales. The largest retailer in the world lowered its sales growth estimate...

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Allergan Beats Estimates on Earnings

Allergan released its earnings report for the fourth quarter prior to the Wall Street opening bell on Monday, posting adjusted per share earnings of $3.41. That was in comparison to estimates by Wall...

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Late Winter Give Macy’s Sales Boost

A late chill from winter helped to rekindle sales at Macy’s during its last quarter. The company announced that there had been a surge in demand for boots and jackets last month, when a large part of...

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Weak Spending and Strong Dollar Weigh on Sales at Dollar Tree

Dollar Tree Inc, the largest discount chain in the U.S. reported quarterly sales that were lower than had been expected, hurt by challenging conditions in the economy and a strong U.S. dollar. The...

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Inditex Posts Strong Growth in Sales

Inditex, the largest clothing retailer in the world, posted strong growth in sales for its first five weeks of its new financial year. The retailer added that its pace of new store openings would be...

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Walgreens Profit Drops, Sales and Guidance Increase

Walgreens Boots Alliance Inc announced that its sales had increased by 14% in its most recent quarter. The company also increased its guidance for the full year though its profit dropped as the biggest...

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